Financials
Financial year 2025
Urga from Waregem, company number BE0533928976, closed financial year 2025 with a result of € 4,787 after tax. For that financial year Urga recorded a gross margin of € 24,768 and equity of € 41,906. Compared with financial year 2024, the result moved from € 11,797 to € 4,787. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 24, 2026.
€ 41,906
▲ 13% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 4,787
▼ 59% vs 2024
Profit after tax over the fiscal year.
€ 13,993
▼ 84% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 23,306.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 2,605
▲ 1% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 4,162
▲ 38% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 14,605
▼ 43% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 31,474 | € 7,352 | € 37,874 | € 24,768 | ▼ 35% |
| Profit after taxes | € 1,099 | € -14,139 | € 11,797 | € 4,787 | ▼ 59% |
| Equity | € 45,285 | € 31,146 | € 37,119 | € 41,906 | ▲ 13% |
| Total debts | € 117,469 | € 113,396 | € 121,774 | € 54,118 | ▼ 56% |
| Cash | € 61,939 | € 51,500 | € 85,730 | € 13,993 | ▼ 84% |
| Land & buildings | € 72,845 | € 61,356 | € 49,867 | € 0 | ▼ 100% |
| Retained profit | € 26,685 | € 12,546 | € 18,519 | € 23,306 | ▲ 26% |
| Dividend | € 0 | € 0 | € 5,825 | € 0 | ▼ 100% |
| Bank debt | € 103,835 | € 94,626 | € 85,975 | € 0 | ▼ 100% |
| Balance sheet total | € 162,754 | € 144,542 | € 158,893 | € 96,023 | ▼ 40% |
Key figures of Urga, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Urga?
What happened at Urga in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 4,787 (▼ 59% vs 2024). Source: NBB ↗
- New establishment in Waregem. KBO
- Start of the company according to the CBE. KBO
In short
From € 1,099 profit in 2022 to € 4,787 profit in 2025.
Paid € 8,824 in corporate taxes since 2022.
Best year ever: 2024, with € 11,797 profit.
Paid out € 5,825 in dividends to the owners in total.
Management
Behind Urga is Dries Desmet.
Directors
According to the 2025 annual accounts
Dries Desmet
Director
Establishments
Establishment units
Physical locations of this company
Muizelstraat 18
8790 Waregem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0533.928.976
- VAT number
- BE 0533.928.976
- Registered office
- Muizelstraat 18, 8790 Waregem
- Names & denominations
- Urga
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 May 2013
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